Remuneration Paid to Trustees can’t be treated as Excessive without Sufficient Proof: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Cuttack bench has held that the remuneration paid to the trustees by a Trust cannot be treated as excessive unless there is sufficient material to prove the same. The assessee, in the instant case, is a charitable trust registered under Section 12A of the Income Tax Act. For the […]

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